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Showing 2431 - 2440 of 6136 results for "Australians"

ASIC sues CBA, CFS over RC case

HARRISON WORLEY  |  TUESDAY, 23 JUN 2020
... Super product, both digitally and through the bank's substantial branch network. According to ASIC, around 390,000 Australians became members of the Commonwealth Essential Super fund as a result of the distribution agreement, which ASIC believes ...

ISA responds to calls for SG freeze

JAMIE WILLIAMSON  |  MONDAY, 22 JUN 2020
... being dumped on the pension to be their lasting legacy; they know we would all pay for that through higher taxes. "Australians overwhelmingly support the rate going up slowly as the key to dignity in retirement, giving the average Australian worker choice ...

COVID-19 brings trading boom

HARRISON WORLEY  |  MONDAY, 22 JUN 2020
New data shows sharemarket engagement has ticked up since the COVID-19 pandemic set in, as more Australians work from home. Latest nabTrade data reveals applications to the share trading platform increased 360% over the last quarter, with trading volumes ...

Another billion removed from super

ELIZA BAVIN  |  MONDAY, 22 JUN 2020
... to process. Additionally, 95% have been made within that five business day goal as set by APRA. The total number of Australians who have withdrawn from their super early has risen to 2.1 million with the average payment still hovering around the $7500 ...

Life insurers fork out more for mental health

HARRISON WORLEY  |  MONDAY, 22 JUN 2020
Life insurers are continuing to pay out more for mental health related claims, as Australians take longer to return to work, according to new analysis. The latest edition of KPMG and the Financial Services Council's five year study on life insurance ...

Investment scams pry $126m from Aussie hands

ALLY SELBY  |  MONDAY, 22 JUN 2020
Australians lost $126 million to investment scams in 2019, with many fraudsters using 'celebrity' endorsements to rort investors. According to the latest figures coming out of the ACCC's Targeting Scams report, Australians were defrauded ...

Super funds keep eye on Rio Tinto review

HARRISON WORLEY  |  FRIDAY, 19 JUN 2020
Some of Australia's largest superannuation funds are watching Rio Tinto's board-led review of its iron ore division's heritage management processes with keen interest, following the miner's decision to destroy thousands of years of culturally ...

Australia lagging on robo-advice

HARRISON WORLEY  |  FRIDAY, 19 JUN 2020
... the future," Peker said. "The recent launch of solutions like CommSec Pocket and Vanguard Personal Investor gives Australians greater access to low cost, diversified portfolios. "But to stand out, providers must demonstrate their cost and time savings ...

Unemployment hits 21-year high

ELIZA BAVIN  |  FRIDAY, 19 JUN 2020
... numbers are not surprising in these circumstances," Morrison said. "We are very aware of the significant blow that Australians are being hit with through the course of this pandemic." While the figures are quite startling, they are a month behind and ...

Chief economist update: Honey, COVID-19 got me sacked

BENJAMIN ONG  |  FRIDAY, 19 JUN 2020
With most of us, Australians all, only just emerging from isolation and many businesses still locked down or operating with limitations, the rising rate of unemployment - from 5.2% in March to 6.4% in April to 7.1% in May - doesn't surprise. In ...